JEONJU, South Korea, Jan. 28 (Korea Bizwire) — The planned Saemangeum International Airport in South Korea is at the center of heated debate, with environmental groups and regional authorities clashing over its potential bird strike risks. Following the Jeju Air disaster at Muan International Airport, concerns have intensified about the safety of constructing an airport near [...]
SEOUL, Jan. 25 (Korea Bizwire) — The long-standing tradition of bullfighting in South Korea, celebrated as a local cultural event in regions like Cheongdo, will not be designated as a National Intangible Cultural Heritage, following a decision by the Cultural Heritage Administration. The move comes amid heated debate over whether the practice should be preserved as [...]
SEOUL, Jan. 24 (Korea Bizwire) — The South Korean government has announced an ambitious initiative to position the country as one of the world’s top five biotech powerhouses by establishing a Korean-style bio cluster and accelerating AI- and data-driven biotech research and development (R&D). The plan aims to elevate the biotech industry to a level [...]
SEOUL, Jan. 24 (Korea Bizwire) — South Korea will ban private bear farming starting January 24, marking a significant shift in the country’s wildlife protection policies. The Ministry of Environment announced that the new regulations will also allow local governments to prohibit feeding pigeons and impose fines on violators. The revised Wildlife Protection and Management Act [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea’s Personal Information Protection Commission (PIPC) has imposed fines totaling 8.3 billion won ($5.8 Million) on KakaoPay and Apple Pay for transferring the personal data of approximately 40 million users to China’s Alipay without proper consent. The commission announced on Thursday that both companies violated South Korea’s Personal Information [...]
SEOUL, Jan. 23 (Korea Bizwire) — Starting January 24, 2025, South Korea will extend the maximum residence period for foreign victims of jeonse frauds in public emergency housing from two years to six years, the Ministry of Land, Infrastructure, and Transport announced on Thursday. Jeonse fraud is a type of real estate fraud that occurs when [...]
SEOUL, Jan. 23 (Korea Bizwire) — South Korea plans to strengthen its oversight of low-cost carriers (LCCs) and impose strict penalties on airlines failing to meet enhanced operational safety standards, the government said Thursday, following last month’s Jeju Air crash. In a meeting with CEOs of nine domestic LCCs, including Jeju Air, T’way Air, Eastar Jet [...]
SEOUL, Jan. 23 (Korea Bizwire) — The South Korean government announced plans to institutionalize undercover narcotics investigations and strengthen on-site enforcement authority in response to the evolving sophistication of drug trafficking networks. The measures, unveiled during a cabinet meeting on January 22, are part of the country’s first Basic Narcotics Control Plan for 2025–2029. The [...]
SEOUL, Jan. 9 (Korea Bizwire) — Starting February 7, 2025, South Korea will prohibit medical professionals, including doctors and dentists, from prescribing narcotics such as propofol for their personal use. The Ministry of Food and Drug Safety (MFDS) announced the implementation of this “Self-Prescription Ban on Medical Narcotics” on January 22. The new regulation, aimed at [...]
SEJONG, Jan. 22 (Korea Bizwire) – South Korea’s standards agency unveiled a blueprint Wednesday for enhancing its monitoring of children’s products sold on overseas shopping platforms amid growing concerns over the influx of goods that fail to meet local safety standards. The plan, which will run through 2027, comes amid growing demand for children’s products [...]